About This Property
Big Timber Village offers 24 one-bedroom units designated for low-income elderly residents in Big Timber, Montana. The property has been in service since 1996 and is financed through 4% Low-Income Housing Tax Credits. Management and leasing information are available upon request.
Property Details
Fair Market Rent - Sweet Grass County, MT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $658 |
| 1 Bedroom | $721 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,425 |
Income Limits - Sweet Grass County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,850 | $39,800 |
| 2 Persons | $17,420 | $28,400 | $45,450 |
| 3 Persons | $21,960 | $31,950 | $51,150 |
| 4 Persons | $26,500 | $35,500 | $56,800 |
| 5 Persons | $31,040 | $38,350 | $61,350 |
| 6 Persons | $35,580 | $41,200 | $65,900 |
| 7 Persons | $40,120 | $44,050 | $70,450 |
| 8 Persons | $44,660 | $46,900 | $75,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Big Timber, MT?+
The Fair Market Rent (FMR) for Sweet Grass County, MT is: $658 (Studio), $721 (1BR), $905 (2BR), $1275 (3BR), $1425 (4BR). Actual rent at subsidized properties like Big Timber Village is typically 30% of household income or less.
What size apartments are available at Big Timber Village?+
Big Timber Village offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Sweet Grass County, MT?+
For a 4-person household in Sweet Grass County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.
What is the price range for apartments in Big Timber, MT?+
Based on Fair Market Rent for Sweet Grass County, the estimated price range is: 1-bedroom: $721. Actual rent at Big Timber Village may be lower for income-eligible households.
How do I apply for housing at Big Timber Village?+
Big Timber Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Big Timber Village?+
Big Timber Village is managed by . You can reach them at .
Who is eligible to live at Big Timber Village?+
Big Timber Village primarily serves elderly residents, Developmental Disabled. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car